Any limits on the duration of the shareholder agreement must be set forth in the agreement.
Correct Answer:
Verified
Q13: A proxy is effective until the shareholder
Q22: The Revised Act requires that demand be
Q23: A quorum of shares must be present
Q24: In most states, but not under the
Q25: Incorporation statutes generally require that each share
Q26: Unissued shares and treasury stock must be
Q29: The members of the board of directors
Q30: The business judgment rule would require an
Q31: One difference between large, publicly held corporations
Q37: Under the Statutory Close Corporation Supplement to
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